Lagarde Acknowledges Progress in Disinflation Amid Trade Concerns

Reported about 15 hours ago

European Central Bank President Christine Lagarde stated that inflation is decreasing as expected, but global trade tensions present risks to this trend. She reaffirmed the ECB's target for consumer price growth at 2% for the year during a discussion with EU lawmakers, while cautioning that continued tariff threats and energy price increases could affect the inflation outlook. The ECB may lower interest rates again soon, but the current economic stagnation raises uncertainties in meeting inflation goals.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis